• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Richest man who ever lived was $160,000,000,000 wealthier than Elon Musk

Home> News> Money

Published 18:01 17 Oct 2024 GMT+1

Richest man who ever lived was $160,000,000,000 wealthier than Elon Musk

At an estimated US$240 billion, Elon Musk's status as the world's wealthiest person is dwarfed by a historic individual

Olly Smith

Olly Smith

Elon Musk currently enjoys the title of the world's richest living man, but historians would say he hasn't even cracked the top five wealthiest individuals of all time.

SpaceX CEO Musk has owned some of the world's most popular companies. In addition to the spacecraft manufacturer, he's also got his hands in Tesla, Neuralink, and more recently, Twitter.

At an estimated $242 billion (£190bn), he's also recognized as the world's current richest man alive according to the Bloomberg billionaire list - even after the unveiling of the Tesla Cybercab reportedly caused him to lose $15bn.

Elon Musk recently lost $15 billion (Jean Catuffe/GC Images)
Elon Musk recently lost $15 billion (Jean Catuffe/GC Images)

Advert

Despite this, Musk's wealth doesn't even crack the top five richest people of all time. As Jacob Davidson wrote for Money.com in 2015, the title of the richest man of all time (when adjusted for inflation) actually belongs to Mansa Musa, a Malian ruler who lived between 1280 and 1337.

Musa, who reigned as king of Mali from 1312 until his death, is described by Davidson as 'richer than anyone could describe'. However, Celebrity Net Worth estimates his actual wealth to be somewhere along the lines of $400bn (£307bn) - meaning Musk is a whopping $158 billion short of matching him.

Musa's incredible wealth can be attributed to the output of gold Mali produced and traded during his reign. By the end of the 14th century, Mali was responsible for over two-thirds of all gold in Europe.

He was so rich that he could afford to part with a lot of his gold stockpiles to the poor he met on his travels.

Advert

Musa reigned as king of Mali (Print Collector/Getty Images)
Musa reigned as king of Mali (Print Collector/Getty Images)

During a pilgrimage to Mecca around 1325, Musa stopped in Cairo for a month with 60,000 men and 12,000 slaves accompanying him. Each individual carried around four pounds of gold bars, making for a total of 288,000 pounds of gold being brought into Cairo's economy.

In today's equivalent, this would be worth around $6.4bn being split among everyone. But when everyone is rich, no-one is rich, and it was this very action that devalued the metal and caused Musa to have to trade some of it back.

Musa continued to reign until his death, which is commonly agreed by historians to have occurred in 1337.

Advert

Other wealthy figures who appear on the list of richest humans of all time include Augustus Caesar with $4.6tn (£3.5tn), John D Rockefeller with $341bn (£239bn), and William The Conqueror with $229bn (£176bn).

As of today (October 17) Musk's wealth is estimated at $242bn, officially placing him around 7th on the list of richest humans who ever lived. It's not quite first, but it's still not a bad spot to be in, I suppose!

Featured Image Credit: Jean Catuffe/GC Images/LifeSpanEd

Topics: Elon Musk, History, Money, Africa, Tesla, Twitter

Olly Smith
Olly Smith

Advert

Advert

Advert

Choose your content:

14 hours ago
15 hours ago
  • Inside Edition/YouTubeInside Edition/YouTube
    14 hours ago

    Woman issues severe warning to travelers after one cocktail left her blind

    Ashley King was just 18-years-old when she lost her sight following a night out in Bali

    News
  • Aaron Schwartz/Getty ImagesAaron Schwartz/Getty Images
    14 hours ago

    Trump reveals bold plans to end the war ‘quickly’ in ‘letter to the world’ as fears escalate

    The President of the United States posted the letter on his social media site, Truth Social

    News
  • Getty ImagesGetty Images
    15 hours ago

    Couple win $13,000,000 lottery after finding winning ticket on top of their fridge a week later

    The couple had no idea for days that they'd won the jackpot

    News
  • FacebookFacebook
    15 hours ago

    Authorities give update on Charlie Kirk’s murder suspect and address alleged messages sent to friends

    The suspect is believed to have 'joked' about the killing on Discord

    News
  • Elon Musk used this genius method to identify Tesla employee who kept leaking confidential information
  • Elon Musk admits Tesla was one month away from bankruptcy after launching this one product
  • Elon Musk says X was hit by 'massive cyber attack' that's impacting thousands of users
  • Elon Musk wiped $14,000,000,000 off Tesla's value with just a single tweet